Episode 239: What I Wish I Knew When Starting My Business Part 1
When Karolina first started her business, she would reach an
uncomfortable edge every time she had to invest into it. Even
the very first $20 domain name made her nervous. But she
realized over time, that in the online coaching and...
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When Karolina first started her business, she would reach an
uncomfortable edge every time she had to invest into it.
Even the very first $20 domain name made her nervous.
But she realized over time, that in the online coaching and
education business, you have some of the lowest expenses and
startup costs of any business model.
You don’t have to invest in office space, get a lease, pay for
cost of goods, production or factories, tons of employees,
etc.
Most traditional business models require $500,000 - $1,000,000 in
upfront investments to just get the business off the
ground.
But the one thing she realized is the biggest and most important
investment?
Education and mentorship.
Education into your skills and your business know-how.
For Karolina, her vision for Euphoric started to take shape while
she was working full-time. Hear how much she saved from her
paycheck every month, how nervous she was to invest in each
program, certification, or coaching she took, and how she’s come
to realize that continually investing in your skills and business
know-how is the lifeblood of your company.
Furthering your skills (as a coach) and your business and
marketing know-how is literally the most important investment in
the business, and the only real big expense in an otherwise
low-cost business model.
Over the years, Karolina has poured over $200,000 into education,
coaching, and personal development, with phenomenal returns
grossing well over a million dollars in revenue!
But how did she get there? In this episode, we’ll start at the
beginning and normalize each stage of creating a wildly
successful online business.
You’ll hear her favorite hacks for making your first business
investments, and how to get your partner on board.
Believing in your vision fiercely is the type of commitment that
will lead you to unparalleled growth and transformation.
If you’re ready to go all in, apply for the "Empowered AF 5X
Coach Certification Program" – which includes FIVE certifications
in different modalities and an all expenses paid weekend retreat!
Don’t miss your chance to apply now and join the Fall
2024 cohort, which starts in mid- October.
And tune in next week for Part 2 of this episode.
IN THIS EPISODE:
Why the online education/coaching space has some of the
lowest start up and maintenance costs of any business model, but
why investing in this one area is a must
How to make “courageous” investments and bet on yourself,
whether for a $20 domain name, or a higher ticket coaching
program
How Karolina took the leap from full-time employment to
running her own business, and how much she leveraged from every
paycheck to get there
Why you have to 100% believe in yourself and have conviction,
without wavering for a second on your vision
The “burning the boats” mentality and how making a decisive
commitment to your purpose can propel your success!
LINKS/RESOURCES MENTIONED:
Lose your desire to drink and lean into your dream life with
Karolina’s book Euphoric: Ditch Alcohol and Gain a Happier, More
Confident You. When you order today, you’ll also unlock tons of
resources and checklists to support you on your journey.
Applications are now open for The Empowered AF 5x Coach
Certification. The next cohort starts in October! Learn more here
and apply.
If you're still in the process of reevaluating alcohol on your
own right now, I invite you to join Become Euphoric first, which
will support you in reprogramming your subconscious mind.
Loved the book? We’d be honored if you left a review!
Follow @euphoric.af on Instagram. And as always, rate,
review, and subscribe so we can continue spreading our message
far and wide.
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